Last week, Amazon abruptly canceled its decision to invest about $2.5 billion and bring 25,000 high-paying jobs to Queens. A scholar blames their abrupt decision on an arcane state bureaucracy tasked with preventing Robert Moses-like takings.
Concerns about the Opportunity Zone program created by the GOP tax bill passed in the waning hours of 2017—that it would enable gentrification and displacement for the profit of wealthy investors—won't be assuaged by this news.
A totally fake news story, intended to satirize, not provide any factual information, makes fun of how much New York City's political leadership gave to Amazon to make sure HQ2 would call the Big Apple home.
After the news broke that Amazon was reportedly going to split its HQ2 plans between New York City and Washington, D.C., some cities are left console themselves. A Planetizen opinion piece picks up the pieces.